CO2 Utilization Technologies: A Techno-Economic Analysis for Synthetic Natural Gas Production

Production of synthetic natural gas (SNG) offers an alternative way to valorize captured CO2 from energy intensive industrial processes or from a dedicated CO2 grid. This paper presents an energy-efficient way for synthetic natural gas production using captured CO2 and renewable hydrogen. Considering several renewable hydrogen production sources, a techno-economic analysis was performed to find a promising path toward its practical application. In the paper, the five possible renewable hydrogen sources (photo fermentation, dark fermentation, biomass gasification, bio photolysis, and PV electrolysis) were compared to the two reference cases (steam methane reforming and water electrolysis) from an economic stand point using key performance indicators. Possible hydrogen production capacities were also considered for the evaluation. From a technical point of view, the SNG process is an efficient process from both energy efficiency (about 57%) and CO2 conversion rate (99%). From the evaluated options, the photo-fermentation proved to be the most attractive with a levelized cost of synthetic natural gas of 18.62 €/GJ. Considering the production capacities, this option loses its advantageousness and biomass gasification becomes more attractive with a little higher levelized cost at 20.96 €/GJ. Both results present the option when no CO2 credit is considered. As presented, the CO2 credits significantly improve the key performance indicators, however, the SNG levelized cost is still higher than natural gas prices.